Okay, I'm apparently not seeing what you're seeing. I don't think it means someone rich gave a gift to the Treasury. I think it means someone rich gave a very large gift to someone (relative, friend, etc.) and thus had to pay taxes on this gift. This is a way to prevent someone from giving money to someone else with the intention of avoiding/lowering their own taxes.
How do you know for sure it's taxes owed? The article suggests it could have been a gift, and that seems odd.
I was going by the title: US Treasure reveals it received a $7B tax payment (in estate and gift taxes).
If you give someone a gift over a certain amount of money, you have to pay taxes on it.
The article implies that it could have been a gift to the TREASURY. Have you ever heard of such a thing?
Okay, I'm apparently not seeing what you're seeing. I don't think it means someone rich gave a gift to the Treasury. I think it means someone rich gave a very large gift to someone (relative, friend, etc.) and thus had to pay taxes on this gift. This is a way to prevent someone from giving money to someone else with the intention of avoiding/lowering their own taxes.
ohhhh gotcha. At least that makes sense. Weird article, eh?